On April 2, 2012 the EMEA Credit Derivatives Determinations Committee resolved that a Bankruptcy Credit Event occurred in respect of eircom Limited. NOTE – MAY 10, 2012 The EMEA Determinations Committee (DC) passed the following resolutions on May 8, 2012: that no auction will be held to settle Relevant Transactions (as defined in the DC […]

On March 20, 2012 the EMEA Credit Derivatives Determinations Committee resolved that a Failure to Pay Credit Event occurred in respect of ERC Ireland Finance Limited and resolved that an auction will be held in respect of outstanding CDS transactions. This page contains details of the DC Resolutions, auction documentation and other items relating to […]